Wednesday 15 January 2014

Nifty (India) - Towards New High With Significantly Worse Internals.....

Returns in Bull Market are determined by leverage, while in a Bear Market skill plays a larger role. 
O Ashuji....

Nifty has been in the range of 6.2% since 1st November 2013 (when it breached 6300 after gap of 3 years). Thus for last 2.5 months (52 trading days), Nifty has been very compressed. Nifty breached its all time high on 9th December 2013. Thus, its been long consolidation for last 2-3 months. Are market internals telling different story ??

Nifty (India) - Towards New High With Significantly Worse Internals.....
In blog titled - "Bank Nifty and Massive Dispersion in Nifty Raising Red Flags....." (dated 24th July, 2013,
Link - http://speculationanart.blogspot.in/2013/07/bank-nifty-and-massive-dispersion-in.html), I had elaborated on 2 aspect that usually flashes warning signs. 
1) Dispersion within Nifty components 
2) Diverging Performance between Nifty and Bank Nifty
What happened to market post that post is history. 

Nifty once again is flashing warning as it approaches all time high yet again. We will compare market internals between 9th December, 2013 high and now.

9th December 2013 High Vs Now...

1) 18 stocks (36% of Nifty) outperformed Nifty, with gains largely coming from IT Stocks. While other gainers were largely Pharma. 

2) Massive Damage in Bank Nifty and other Momentum Stocks namely JPA, Larsen, IDFC, Metals, etc as can be seen from the losers. 14 stocks (or 28% of Nifty) had double digit losses since 9th December high. 

3) Bank Nifty is down 8% since 9th December high while Nifty is largely flat (down 0.7%). Such divergence in performance is usually not healthy. 

4) Break out towards or after new highs are usually not so weak internally. 



9 comments:

  1. The blog article very surprised to me! Your writing is good. In this I learned a lot! Thank you!

    tradorax scam

    ReplyDelete
    Replies
    1. The simple truth about binary options which many of us do not know is the fact that it is mainly based on predictions. Without proper knowledge of what next can happen to the stock market, you are sure to lose your funds. That is why it is important to be tutored or mentored by a professional investor in binary options. During my weeks of being mentored by Mrs Patricia Morgan, I’ve learnt much and also succeeding in trades and was able to recover my lost funds. Feel free to contact her on patriciamorgan984 @ gmail .com for positive results or contact her on Whats App on +32460230365

      Delete
    2. The simple truth about binary options which many of us do not know is the fact that it is mainly based on predictions. Without proper knowledge of what next can happen to the stock market, you are sure to lose your funds. That is why it is important to be tutored or mentored by a professional investor in binary options. During my weeks of being mentored by Mrs Patricia Morgan, I’ve learnt much and also succeeding in trades and was able to recover my lost funds. Feel free to contact her on patriciamorgan984 @ gmail .com for positive results or contact her on Whats App on +32460230365








      The simple truth about binary options which many of us do not know is the fact that it is mainly based on predictions. Without proper knowledge of what next can happen to the stock market, you are sure to lose your funds. That is why it is important to be tutored or mentored by a professional investor in binary options. During my weeks of being mentored by Mrs Patricia Morgan, I’ve learnt much and also succeeding in trades and was able to recover my lost funds. Feel free to contact her on patriciamorgan984 @ gmail .com for positive results or contact her on Whats App on +32460230365

      Delete
    3. ☑️☑️ ☑️ DO YOU WANT TO RECOVER YOUR LOST FUNDS ON CAPITAL INVESTMENTS, BITCOIN INVESTMENTS, BINARY OPTIONS, LOANS AND OTHER SCAM TRADING INVESTMENTS ??? TAKE YOUR TIME TO READ🔘

      ☑️ The COMPOSITE CYBER SECURITY SPECIALISTS have received numerous complaints of fraud associated with websites that offers opportunities for Capital Investments, bitcoin investments and Trading on an Internet-based trading platforms. Most Of The complaints falls into these Two categories:
      1. 🔘Refusal to credit customers accounts or reimburse funds to customers:
      These complaints typically involve customers who have deposited money into their trading or investment account and who are then encouraged by “brokers” over the telephone to deposit additional funds into the customer account. When customers later attempt to withdraw their original deposit or the return they have been promised, the trading platforms allegedly cancels customers’ withdrawal requests, refuse to credit their accounts, or ignore their telephone calls and emails.

      2. 🔘Manipulation of software to generate losing trades:
      These complaints alleged that the Internet-based Investment and trading platforms manipulate the trading software to distort the Trading prices and payouts in order to ensure that the trade results in a Loss. For example, when a customer’s trade is “winning,” the countdown to expiration is extended arbitrarily until the trade becomes a loss.

      ☑️ Most people have lost their hard earned money through Scam Investments And Trading, yet they would go and meet fake recovery Experts unknowingly to help them recover their money and they would end up losing more money in the process. Guys to be Truthful with you, It’s Only Cyber Security Specialists that are capable of recovering your Funds, and This Is Basically why we (COMPOSITE CYBER SECURITY SPECIALISTS) have come to y’all victim’s rescue. The clue is most of these Brokers have weak Database security, and their vulnerabilities can be exploited easily with the Help of our Special HackTools, Root HackTools And Technical Hacking Strategies because they wouldn’t wanna conduct Bug bounty Programs which would have helped strengthen and protect their Database from Unauthorized accesses, So all our specialists do is to hack into the Broker’s Database Using Technical Hacking Methods and Strategies, Decrypt your Transaction Details, Trace the Routes of your Deposited Funds, Then some Technical Hacking Algorithms & Execution follows then you have your money recovered💰 ✔️

      ☑️All our Specialists are well experienced in their various niches with Great Skills, Technical Hacking Strategies And Positive Online Reputations And Recommendations🔘
      They hail from a proven track record and have cracked even the toughest of barriers to intrude and capture all relevant data needed by our Clients.
      We have Digital Forensic Specialists, Certified Ethical Hackers, Software Engineers, Cyber Security Experts, Private investigators and more. Our Goal is to make your digital life secure, safe and hassle free by Linking you Up With these great Professionals such as JACK CABLE, ARNE SWINNEN, SEAN MELIA, DAWID CZAGAN, BEN SADEGHIPOUR And More. These Professionals are Well Reserved Professionals who are always ready to Handle your job with great energy and swift response so that your problems can be solved very quickly.

      ☑️ Also, If You Have NON-SPENDABLE BITCOINS And wish To Activate It To SPENDABLE, Don’t Hesitate to reach Out To Us

      ✅ COMPOSITE CYBER SECURITY SPECIALISTS are Basically the ANSWERS to your PRAYERS.

      📩CONTACT US TODAY:
      Email:
      composite.cybersecurity@protonmail.com


      ☑️ We Also Have a Separate Team that Provides-LEGIT HACKING SERVICES SUCH AS:
      ▪️ WEBSITE AND DATABASE HACKING 💻
      ▪️ CREDIT REPAIR. 💳
      ▪️ PHONE HACKING & CLONING 📱
      ▪️ SOCIAL MEDIA ACCOUNTS HACKING 📱
      ▪️LOCATION TRACKING 📌
      ▪️BITCOIN MINING ⛏ And More.


      📩CONTACT:
      Email:
      composite.cybersecurity@protonmail.com


      🔘2020 © composite cybersecurity specialists
      🔘Want faster service? Contact us!
      🔘All Rights Reserved ®️

      Delete
  2. DO YOU WANT TO RECOVER YOUR HARD EARNED MONEY ON BINARY OPTIONS???

    ✅ Binary options may be used in theoretical asset pricing, they are prone to fraud in their applications and hence banned by regulators in many jurisdictions as a form of gambling. Many binary option outlets have been exposed as fraudulent. The U.S. FBI is investigating binary option scams throughout the world, and the Israeli police have tied the industry to criminal syndicates. The European Union is publishing regulations that will ban binary options trading. ASIC considers binary options as a “high-risk” and “unpredictable” investment option.

    ✅ Most people have lost their hard earned money through this binary options Tradings, yet they would go to meet scammers unknowingly to help them recover their money and they would end up losing more money in the process. You can easily identify these scammers with their Fake Testimonies, the thing is some of all these testimonies ya’ll are reading on these forums are fake, scammers are just trying to lure you into their Arms to get you ruined more.

    ✅ The Only People who are capable of helping you to recover your money are HACKERS, most of this Binary option companies are scam so therefore they have weak Database security, and their vulnerabilities can be exploited easily with the Help of our Special HackTools, Root HackTools And Technical Hacking Strategies. All we do is to hack into the Company’s Database, Extract your files and documents, Decrypt your Transaction Details and some Technical Hacking Procedures follows then you have your money recovered in Bitcoins.

    ✅We have a trained team of seasoned professionals under various skillsets when it comes to Hacking. Our company in fact houses a separate group of Hackers who are productively focussed and established authorities in different platforms. They hail from a proven track record Called “HackerOne” and have cracked even the toughest of barriers to intrude and capture or recapture all relevant data needed by our Clients. Some Of These Hackers Includes PETER YAWORSKI, FRANS ROSEN, JACK CABLE, JOBERT ABMA, ARNE SWINNEN And More

    ✅COMPOSITE HACKS is available for customer care 24/7, And You Can Also Contact us for other Technical Hacking Services you desire Such as:
    * WEBSITE HACKING
    * PHONE HACKING (giving you Unnoticeable access to everything Happening on the Target’s Phone)
    * LOCATION TRACKING
    * SOCIAL MEDIA ACCOUNTS HACKING etc


    ✅CONTACT:
    * For Binary Options Recovery
    E-mail: Binaryoptionrecovery@gmail.com
    * For Other Hacking Services
    E-mail: compositehacks@gmail.com
    Wickr: compositehacks

    ReplyDelete
  3. Chicken Tikka Masala recipe | healthtipsschool.com

    Chicken Tikka is a conventional and very fashionable Indian best chicken recipes which is satisfied full of flavor & color.The word ‘Tikka” means pieces, bits or chunks.

    Quick Easy Onion Bhaji Recipe & Cooking Guide Indian Restaurant

    Onion Bhaji is also identified as Vengaya Baji and also is a type of fritter completed with vegetables, deep fried with experienced batter. Go here and get more best chicken recipes.

    Indian Inspired Lamb Samosa Recipe | healthtipsschool.com

    A lamb samosa is a fried pastry with a savory filling, such like spiced potatoes, peas, onions,lentils, ground beef ground lamb or ground best chicken recipes.

    King Prawn Butterfly – Indian Restaurant Cooking- IndianFood Made Easy

    Peel and take away the veins from the King prawns, create a deep cut along the tummy of the king prawns, open it out and push it down so it becomes level. Clean and pat dried out with kitchen towels. best chicken recipes.

    How To Make Prawn Puree / Indian Food Cooking | healthtipsschool.com

    It is also provided at special or traditional functions as part of traditional rituals along with other vegetarian food obtainable in prayer as prasadam. Go here For More best healthy recipes.

    SIMPLE CHICKEN CURRY RECIPE | QUICK & EASY CHICKEN CURRY RECIPE | CHICKEN CURRY FOR BEGINNERS

    chicken curry is a general delicacy in Southeast Asia, South Asia, as well as in the Caribbean. A distinctive Asian curry consists of chicken stewed in a tomato and onion-based sauce, flavoured with garlic, ginger, chillies and a mixture of spices, often counting cumin, coriander, turmeric, cinnamon, cardamom and so on.

    Chicken Bhuna Masala – how to make chicken bhuna masala recipe – tasty Indian recipes

    The solid, medium-hot, sauce prepared from a tasty mix of flavourings and vegetables absolutely coats and greetings the rich meat of chicken thighs. Go here For More best chicken recipes.

    How to make mutton seekh kabab masala recipe | healthtipsschool.com

    A dish consisting of tiny pieces of meat, onions, tomatoes, etc, threaded onto skewers with grilled, usually over charcoal, also called: seekh kabab.Go here and get more best healthy recipes.

    How to make Tandoori Chicken – Tandoori Chicken Restaurant style without oven

    This is an actual way for Tandoori chicken. Serve up with long speck grilled veggies, Basmati rice, roasted corn on the cob, cucumber salad and also finish off the snack with Indian ice cream. Go here and get more best chicken recipes.


    ReplyDelete
  4. The simple truth about binary options which many of us do not know is the fact that it is mainly based on predictions. Without proper knowledge of what next can happen to the stock market, you are sure to lose your funds. That is why it is important to be tutored or mentored by a professional investor in binary options. During my weeks of being mentored by Mrs Patricia Morgan, I’ve learnt much and also succeeding in trades and was able to recover my lost funds. Feel free to contact her on patriciamorgan984 @ gmail .com for positive results or contact her on Whats App on +32460230365

    ReplyDelete


  5. I got my already programmed and blanked ATM card to withdraw the maximum of $1,000 daily for a maximum of 20 days. I am so happy about this because i got mine last week and I have used it to get $20,000. Mike Fisher Hackers is giving out the card just to help the poor and needy though it is illegal but it is something nice and he is not like other scam pretending to have the blank ATM cards. And no one gets caught when using the card. get yours from Mike Fisher Hackers today! *email: blankatm002@gmail.com you can also call or whatsapp us Contact us today for more enlightenment +1(301) 329-5298

    ReplyDelete
  6. Hello everyone, Are you into trading or just wish to give it a try, please becareful on the platform you choose to invest on and the manager you choose to manage your account because that’s where failure starts from be wise. After reading so much comment i had to give trading tips a try, I have to come to the conclusion that binary options pays massively but the masses has refused to show us the right way to earn That’s why I have to give trading tips the accolades because they have been so helpful to traders . For a free masterclass strategy kindly contact (paytondyian699@gmail.com) for a free masterclass strategy. He'll give you a free tutors on how you can earn and recover your losses in trading for free..

    ReplyDelete